I'll start, and I'll let my colleague discuss the copyright challenges.
With respect to cable erosion, for the last few years it's been within the regulated pie. With respect to our community channels, we've seen a 1.5% to 2% decline per year for the last four years. As the members may be aware, community television is financed by 2% of cable revenues. The community television financing has declined significantly since 2010, which has made it difficult to produce programming in those very small local markets, where sometimes it's the only television media available to those markets.
With respect to monetizing in the face of cable erosion, we have to look to different platforms. We will be looking at direct-to-consumer opportunities, we are looking at how to monetize online, and we are looking to create new programming, either through branded content or integrations, that will allow advertisers to also reach the audiences they seek.